Alkane ResourcesTSX:ALK 77 Return-on-Tangible-Equity is 19.69% as of Dec. 2025, which is 82% above its 10-year median of 10.81. GuruFocus rates TSX:ALK with a GF Score™ of 77/100 and a GF Value™ of C$1.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,378 Metals & Mining companies, Alkane Resources ranks better than 85.7% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Alkane Resources's annualized net income for the quarter that ended in Dec. 2025 was C$119.0 Mil. Alkane Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was C$604.1 Mil. Therefore, Alkane Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.69%.
The historical rank and industry rank for Alkane Resources's Return-on-Tangible-Equity or its related term are showing as below:
TSX:ALK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.29 Med: 10.81 Max: 30.51
Current: 15.43
During the past 13 years, Alkane Resources's highest Return-on-Tangible-Equity was 30.51%. The lowest was -16.29%. And the median was 10.81%.
TSX:ALK's Return-on-Tangible-Equity is ranked better than 85.7% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs TSX:ALK: 15.43
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Alkane Resources Return-on-Tangible-Equity Related Terms
Alkane Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Alkane Resources's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:ALK vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Alkane Resources's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alkane Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alkane Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alkane Resources's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.69% mean?
Alkane Resources (TSX:ALK) has a Return-on-Tangible-Equity of 19.69% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alkane Resources and its competitors. This is 82% above median its historical median of 10.81. According to the industry distribution chart, Alkane Resources ranks #340 out of 2378 companies in the Metals & Mining industry, placing it in the top 14.3%.
Is Alkane Resources' Return-on-Tangible-Equity too high?
Alkane Resources' current Return-on-Tangible-Equity of 19.69% is 82% above median its 10-year median of 10.81. Based on the distribution chart, Alkane Resources ranks #340 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Alkane Resources has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkane Resources' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Alkane Resources ranks #340 out of 2378 companies for Return-on-Tangible-Equity. This places Alkane Resources in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alkane Resources and its competitors. Alkane Resources's current Return-on-Tangible-Equity is 19.69%, which is 82% above median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkane Resources stock overvalued right now?
Based on GuruFocus' analysis, Alkane Resources (TSX:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.57, compared to a current price of C$1.38 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Equity is 19.69%, which is 82% above median its 10-year median of 10.81. Alkane Resources' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Alkane Resources (TSX:ALK), the current Return-on-Tangible-Equity is 19.69% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alkane Resources (TSX:ALK) Overvalued in 2026?
Based on GuruFocus' analysis, Alkane Resources stock appears to be undervalued.
The current stock price of C$1.38 is trading 12.1% below its estimated GF Value™ of C$1.57.
GuruFocus considers Alkane Resources to be Modestly Undervalued.
Key valuation signals for TSX:ALK:
Return-on-Tangible-Equity: 19.69% (82% above median its 10-year median of 10.81)
GF Value™: C$1.57 vs. price of C$1.38 (12.1% below fair value)
No single metric tells the full story. See the TSX:ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkane Resources Ltd is an Australia-based gold and antimony producer. The company has three wholly owned producing mines across Australia and Sweden. Its portfolio includes the Tomingley Gold Project located in Central West NSW, Costerfield in Victoria and Bjorkdal in Northern Sweden. Alkane also owns the gold-copper porphyry Boda-Kaiser Project in NSW.
77GF Score
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